CBS agrees to deals for online content distribution

In a huge move today, CBS has agreed to deals with Microsoft, Time Warner, Joost, ComCast, AOL, CNET Networks and a few others to allow content distribution in exchance for revenue sharing.

CBS already has many of its shows available online at cbs.com and through iTunes.

With the new deal, viewers will be able to watch popular shows like CSI and Survivor as well as sports shows, news, and other content for free online. The advertising revenue generated from the content will then be shared by the partners in the new deal.

The deal is probably most important for Joost, the on-demand online content distributer that is still trying to make a name for itself in the industry. So far, Joost has made deals with MTV, Comedy Central, BET and Paramount Pictures and this latest deal will add significant content to their roster.

1 user comment

Give the people the ease of watching programs online anytime they want.
Time shifting the whole idea here. They screamed bloody murder when the vcr first come out. But it did not kill tv, or the movie, in fact it made more profit for them.